FxWirePro: GBP/NZD capped below weekly 200-SMA, stay long on break above
Dec 07, 2017 10:25 am UTC| Technicals
GBP/NZD pauses upside at 200W SMA at 1.9842, further upside likely on break above. The pair has shown a break of Symmetric Triangle pattern and has shown breakout of consolidation. Price action has edged above...
FxWirePro: USD/CAD trades higher on dovish BOC, jump till 1.2920 likely
Dec 07, 2017 10:06 am UTC| Technicals
USD/CAD jumped almost 180 pips yesterday after BOC monetary policy meeting. The pair hits high of 1.28342 at the time of writing. It is currently trading around 1.28261. The Bank of Canada has kept its interest rates...
FxWirePro: EUR/USD forms Bullish Gartley pattern, good to buy on dips
Dec 07, 2017 09:25 am UTC| Technicals
Harmonic Pattern- Bullish Gartley pattern. Potential Reversal Zone (PRZ) - 1.1705. EURUSD is trading weak for the past five trading session on better than expected US economic data. The pair declined till 1.17802...
FxWirePro: EUR/CAD finds strong support at 50-DMA (1.4910), weakness only on break below
Dec 07, 2017 09:20 am UTC| Technicals
EUR/CAD is extending recovery from fresh 3-week lows at 1.4921, up 0.28% on the day. RSI is biased higher and Stochs are showing a turn from near oversold levels. The pair has closed above 20-DMA which is now...
FxWirePro: EUR/CAD finds strong support at 50-DMA (1.4910), weakness only on break below
Dec 07, 2017 09:20 am UTC| Technicals
EUR/CAD is extending recovery from fresh 3-week lows at 1.4921, up 0.28% on the day. RSI is biased higher and Stochs are showing a turn from near oversold levels. The pair has closed above 20-DMA which is now...
FxWirePro: XAG/USD falls below $16.00 mark, intraday bias remains bearish
Dec 07, 2017 07:52 am UTC| Technicals
XAG/USD is currently trading around $15.89 marks. It made intraday high at $15.97 and low at $15.85 levels. Intraday bias remains bearish till the time pair holds key resistance at $16.12 mark. A daily close...
FxWirePro: USD/ZAR remains well supported above 13.40 mark, faces strong resistance at 13.58 mark
Dec 07, 2017 07:12 am UTC| Technicals
USD/ZAR is currently trading around 13.55 levels. It made intraday high at 13.56 and low at 13.48 levels. Intraday bias remains bullish till the time pair holds key support at 13.40 mark. A daily close...
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